Rate of service tax
This query is : Resolved
Yatesh Prakash Renuke
(Querist)
08 July 2008
Hello Friends.
the assessee is a civil contractor. he is purchasing material for construction & giving labour charges for construction.
can anyone help me out abount the rate of service tax & vat applicable?
is there any composition scheme under MVAT act?
Please, matter is most urgent.
Thanx & Regards'
Yatesh
the assessee is a civil contractor. he is purchasing material for construction & giving labour charges for construction.
can anyone help me out abount the rate of service tax & vat applicable?
is there any composition scheme under MVAT act?
Please, matter is most urgent.
Thanx & Regards'
Yatesh
Yatesh Prakash Renuke
(Querist)
10 July 2008
Please reply, it's urgent
14 July 2008
Service tax law:
If the assessee is a civil contractor, he will be covered under works contract service. The rate of service tax is 12.36% under regular scheme subject to abatements towards materials cost. If under the composition scheme , then the rate of service tax is 4.12% on total consideration which includes material cost and labour cost
If the assessee is a civil contractor, he will be covered under works contract service. The rate of service tax is 12.36% under regular scheme subject to abatements towards materials cost. If under the composition scheme , then the rate of service tax is 4.12% on total consideration which includes material cost and labour cost
Yatesh Prakash Renuke
(Querist)
16 July 2008
Hi Anupama!!!
Thanx for the reply.
I have one more query. If the service tax rate is 4.12%( incl. cess )Then what will be the rate of vat?
pl. reply fast.
Thanx
Thanx for the reply.
I have one more query. If the service tax rate is 4.12%( incl. cess )Then what will be the rate of vat?
pl. reply fast.
Thanx
Yatesh Prakash Renuke
(Querist)
16 July 2008
Hi Anupama!!!
Thanx for the reply.
I have one more query. If the service tax rate is 4.12%( incl. cess )Then what will be the rate of vat?
pl. reply fast.
Thanx
Thanx for the reply.
I have one more query. If the service tax rate is 4.12%( incl. cess )Then what will be the rate of vat?
pl. reply fast.
Thanx
Dhirajlal Rambhia
(Expert)
17 June 2023
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